SPG acquires Clark Foam Corporation to enhance engineered packaging offerings
06/18/24, 10:17 AM
Location
oaklandillinoisIndustry
manufacturing
Monroe Capital LLC acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition of Clark Foam Corporation by Specialized Packaging Group. This acquisition will enhance SPG’s existing capability set by expanding its engineered packaging offerings and geographic reach, as well as contributing approximately 50 employees to its workforce.
Company Info
Location
Oakland, California, United States
Company info
Specialized Packaging Group, Inc. is a vertically integrated provider of protective packaging products and one of the largest independent manufacturers of protective packaging in North America. The company operates under three divisions: IVEX, Packaging Concepts & Design (PCD), and ProtecPac. IVEX manufactures a range of packaging materials at six facilities across the U.S., Canada and Mexico, PCD is a leader in the design and delivery of highly engineered packaging products and solutions, and ProtecPac designs and manufactures customized packaging solutions at ten facilities in the U.S. and Mexico. For more information, visit https://spg-ges.com/.